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Ludwick Precision Ltd

03699456

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

NP-105, ICENTRE HOWARD WAY, NEWPORT PAGNELL, MK16 9PY
Incorporated 22/01/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Ryan Thomas Ludwick

secretary · Since 22/01/1999

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Mr Ryian Ludwick

director · Since 20/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mrs Nicola Louise Ludwick

secretary · Since 01/09/2024

Also on 2 other boards

Mrs Nicola Louise Ludwick

director · Since 01/09/2024

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Persons with Significant Control

Ludwick Precision Holdings Limited

75–100% shares

Np-105, Icentre, Howard Way, Newport Pagnell, MK16 9PY

Reg: 12225588 · England · Limited Company

Notified 01/01/2020

Former PSCs

Mr Ryan Thomas Ludwick

Ceased 01/01/2020

Mr Cecil Michael Ludwick

Ceased 01/01/2020

Mrs Nicola Louise Ludwick

Ceased 25/03/2023

Charges2 outstanding

Charge
outstanding

CLOSE BROTHERS LTD (THE "SECURITY TRUSTEE")

Created 03/12/2014Registered 03/12/2014
charge
outstanding

CLOSE INOICE FINANCE LIMITED

Created 18/07/2003Registered 31/07/2003

CompanyRankvs 1312+ SIC 25990 peers
70

Financial strength78th percentile among SIC peers · 20/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.95× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£454k

Balance sheet strength

Cash

£122k

Cash in the bank

Net Current Assets

£464k

Working capital

Current Assets

£953k

Current Liabilities

£489k

Fixed Assets

£575k

Debtors

£805k

26avg. employees+1

Balance Sheet

Assets less current liabilities£1.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.95-£2k
20231.86-£87k
20222.16-£40k
20212.25

Derived from filed accounts. Not audited figures.